Bank of American Mortgage NY Class Action Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

The plaintiffs in this lawsuit claim that Bank of America failed to present certifications that Plaintiffs’ residential mortgages serviced by Bank of America had been fully satisfied, which allegedly violated New York Real Property Actions and Proceedings Law and New York Real Property Law.  The Actions further allege that this happened to thousands of other New York residential mortgages satisfied after July 12, 2010.

Docket Number:

13-cv-4866 (VB)

Company: Bank of America

Filing Deadline: October 13, 2016

Class Period: July 1, 2010 to November 27, 2015

Objection Deadline: June 30, 2016

Exclusion Deadline: June 30, 2016

Final Approval Hearing: July 20, 2016

Proof of Purchase:

Eligible class members were mailed a notice and verification number, but those who did not receive this can call the settlement administrator at the number below for more information.


All persons and/or entities who were the mortgagor party to a residential mortgage on real property located in New York State serviced by Bank of America for which all authorized principal, interest, and all other amounts due or otherwise owed by law were completely paid between July 12, 2010 and November 27, 2015, but Bank of America failed to present a certificate of discharge or satisfaction of mortgage within 30 days to the recording officer of the county where the mortgage was recorded are eligible to be class members.

Typical Settlement Amount:

Depends on circumstances surrounding mortgage, but payments are between $180 and $780.

Total Settlement Amount:

Class Representative Proposed Incentive Fee:


Law Firm:
Finkelstein Blankinship Frei-Pearson & Garber LLP

Claim Form: Proof of Claim

Case Name: Adler v. Bank of America

Settlement Website: Adler v. Bank of America Settlement

Claims Administrator:
Epiq Systems

Claims Administrator Contact Information:

NY Lien Settlement Settlement Administrator

PO Box 2995

Portland, OR 97208-2995

Email: Info@NYLienSettlement.com

Toll-free number: 866-800-6756

Tags: Mortgage-Related Unfair Practices, Your Bank